Purple Wave Infocom SME IPO Subscription Status
Purple Wave Infocom SME IPO closed on 2 December 2025 with an overall subscription of 6.88x based on shares applied. QIB demand came in at 11.85x, NII at 8.02x, and retail at 3.80x.
Allotment will be finalised on 3 December 2025. The stock is scheduled to list on NSE and BSE on 5 December 2025.
Issue Price
Rs 126.00
GMP Today
-
Overall Subscription
6.88x
Issue Size
₹29.84 Cr
Allotment Date
3 Dec 2025
Listing Date
5 Dec 2025
Purple Wave Infocom SME IPO Subscription by Amount
Category-wise subscription based on amount applied at issue price Rs 126.00
| Category | Amount Offered | Amount Applied | Subscription |
|---|---|---|---|
| QIB | Rs 6.05 Cr | Rs 71.66 Cr | 11.85x |
| FII | - | Rs 11.98 Cr | - |
| DFI | - | - | - |
| Mutual Funds | - | - | - |
| Other | - | Rs 59.67 Cr | - |
| NII | Rs 4.76 Cr | Rs 38.22 Cr | 8.02x |
| bNII (above Rs 10L) | Rs 3.18 Cr | Rs 29.77 Cr | 9.38x |
| Corporate | - | Rs 2.52 Cr | - |
| Individual | - | Rs 27.25 Cr | - |
| Other | - | - | - |
| sNII (Rs 2L to Rs 10L) | Rs 1.59 Cr | Rs 8.44 Cr | 5.32x |
| Corporate | - | - | - |
| Individual | - | Rs 8.29 Cr | - |
| Other | - | Rs 15.12 L | - |
| IND | Rs 11.04 Cr | Rs 41.96 Cr | 3.80x |
| Fixed price | - | Rs 41.96 Cr | - |
| Total | Rs 21.85 Cr | Rs 151.83 Cr | 6.95x |
Purple Wave Infocom SME IPO Subscription by Applications
Category-wise subscription based on applications received
| Category | Applications Offered | Applications Received | Subscription |
|---|---|---|---|
| QIB | 480 | 9 | 0.02x |
| FII | - | 2 | - |
| DFI | - | - | - |
| Mutual Funds | - | - | - |
| Other | - | 7 | - |
| NII | 126 | 396 | 3.14x |
| bNII (above Rs 10L) | 84 | 180 | 2.14x |
| Corporate | - | 10 | - |
| Individual | - | 170 | - |
| Other | - | - | - |
| sNII (Rs 2L to Rs 10L) | 42 | 216 | 5.14x |
| Corporate | - | - | - |
| Individual | - | 212 | - |
| Other | - | 4 | - |
| IND | 438 | 1,665 | 3.80x |
| Fixed price | - | 1,665 | - |
| Total | 1,044 | 2,070 | 1.98x |
What Do These Subscription Numbers Mean?
A subscription of 6.88x by shares means the IPO received bids for 7 times the shares reserved. Allotment odds depend on application count in each category, not share volume.
Here is what each category number tells you:
QIB at 11.85x by shares: This is the strongest signal on the page. QIBs are institutional investors, mutual funds, foreign institutions, and banks. When they subscribe at 11.85x, it reflects serious institutional conviction.
NII at 3.14x by applications: NII includes high net worth individuals applying above Rs 2 lakh. Proportional allotment uses application subscription. bNII came in at 2.14x and sNII at 5.14x by applications. Share subscription was 8.02x. Allotment uses application count, not share volume.
At 3.80x subscription by applications, approximately 1 in 4 retail applicants can expect an allotment (~26% per application). Retail allotment is done by lottery when oversubscribed.
Purple Wave Infocom SME IPO Allotment Chances
Allotment odds below use application subscription (number of bids received), not share or amount subscribed.
Retail (IND)
- •Application subscription: 3.80x.
- •Allotment odds: about 1 in 4 (~26% chance per application).
- •Method: Lottery. If allotted, you receive at least one lot.
- •One application per PAN. Multiple eligible accounts in a household can improve overall family odds, not individual odds.
SHNI (Rs 2 lakh to Rs 10 lakh)
- •Application subscription: 5.14x.
- •Allotment odds: about 1 in 5 for a minimum-lot application (~19% of the applied lot on average).
- •Method: Proportional. Shares allotted are based on your bid size, not a lottery.
BHNI (above Rs 10 lakh)
- •Application subscription: 2.14x.
- •Allotment odds: about 1 in 2 for a minimum-lot application (~47% of the applied lot on average).
- •Method: Proportional. Shares allotted are based on your bid size, not a lottery.
- •Share subscription was 9.38x. Allotment uses application count, not share volume.
Check the Purple Wave Infocom SME IPO Allotment Status page from 3 December 2025 for your allotment result.
Purple Wave Infocom SME IPO Day-wise Subscription
| Day | QIB | NII | Retail | Overall |
|---|---|---|---|---|
| Day 1 - 28 Nov 2025 | 0.81x | 0.35x | 0.70x | 0.65x |
| Day 2 - 1 Dec 2025 | 0.81x | 2.70x | 1.07x | 1.35x |
| Day 3 - 2 Dec 2025 | 11.85x | 7.69x | 3.80x | 6.88x |
Purple Wave Infocom SME IPO Key Dates
| Event | Date |
|---|---|
| IPO Open Date | 28 November 2025 |
| IPO Close Date | 2 December 2025 |
| Allotment Date | 3 December 2025 |
| Refund Initiation | 4 December 2025 |
| Share Credit to Demat | 4 December 2025 |
| Listing Date | 5 December 2025 |
| Minimum Investment | Rs 2,52,000.00 |
| Lot Size | 1000 shares |
About Purple Wave Infocom SME
Purple Wave Infocom specializes in digital PRO AV (professional audio-video) integration, post-sales support, and product distribution. The company designs and delivers complete AV and automation solutions for corporate boardrooms, retail digital branding, smart classrooms, government projects, and home theatres. It provides content management services through its SaaS platform **Streampurple**.
Understanding Subscription Categories
QIB - Qualified Institutional Buyers
Includes foreign institutional investors, domestic financial institutions, mutual funds, and other qualified institutions. QIB demand is considered the most reliable indicator of institutional confidence in an IPO.
NII - Non-Institutional Investors
High net worth individuals applying above Rs 2 lakh. Divided into bNII (above Rs 10 lakh) and sNII (Rs 2 lakh to Rs 10 lakh). NII allotment is proportional.
IND - Individual Investors
Investors applying up to Rs 2 lakh per PAN. Allotment is by lottery when oversubscribed. Minimum one lot per successful applicant.
Purple Wave Infocom SME IPO GMP Today
Live GMP, listing price estimate, and listing gain
Purple Wave Infocom SME IPO Allotment Status
Check allotment result on allotment date
Purple Wave Infocom SME IPO Details
Financials, peers, strengths, and review
All IPO Subscription Status
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Purple Wave Infocom SME IPO Subscription FAQs
What is Purple Wave Infocom SME IPO subscription status today?
Purple Wave Infocom SME IPO subscription closed on 2 December 2025 with overall subscription of 6.88x (by shares) as of 27 June 2026, 2:01 AM IST. QIB 11.85x, NII 3.14x, IND 3.80x.
What is the overall subscription of Purple Wave Infocom SME IPO?
Purple Wave Infocom SME IPO is subscribed 6.88x overall by shares at close on 2 December 2025. QIB 11.85x, NII 3.14x, and IND 3.80x.
What is Purple Wave Infocom SME IPO QIB subscription?
Purple Wave Infocom SME IPO QIB (Qualified Institutional Buyers) subscription is 11.85x by shares. QIB includes mutual funds, FIIs, banks, and other institutions.
What is Purple Wave Infocom SME IPO IND subscription?
Purple Wave Infocom SME IPO IND subscription is 3.80x by applications. Minimum retail bid is up to Rs 2 lakh per PAN.
What is Purple Wave Infocom SME IPO NII subscription?
Purple Wave Infocom SME IPO NII (Non-Institutional Investors) subscription is 3.14x by applications. NII covers bids above Rs 2 lakh.
What are allotment chances in Purple Wave Infocom SME IPO for retail?
At 3.80x subscription by applications, approximately 1 in 4 retail applicants can expect an allotment (~26% per application). Allotment is done by lottery.
When is Purple Wave Infocom SME IPO allotment date?
Purple Wave Infocom SME IPO allotment date is 3 December 2025. Check Purple Wave Infocom SME IPO Allotment Status on IPOwiz from that day using your PAN.
When does Purple Wave Infocom SME IPO subscription close?
Purple Wave Infocom SME IPO subscription closed on 2 December 2025. No new applications are accepted after the close.
What is Purple Wave Infocom SME IPO GMP today?
GMP for Purple Wave Infocom SME IPO is not available yet. Track Purple Wave Infocom SME IPO GMP Today on IPOwiz once grey market activity starts.
What is Purple Wave Infocom SME IPO issue price and lot size?
Purple Wave Infocom SME IPO issue price is ₹126 per share. Lot size is 1000 shares. Minimum investment is ₹2,52,000 per lot (minimum 2 lots for SME). Issue size: ₹29.84 Cr.
When is Purple Wave Infocom SME IPO listing date?
Purple Wave Infocom SME IPO listing date is 5 December 2025 on NSE and BSE. Allotment is on 3 December 2025.
How does subscription affect Purple Wave Infocom SME IPO allotment?
Allotment odds in Purple Wave Infocom SME IPO depend on application subscription in each category, not share volume. Retail uses lottery when oversubscribed. NII proportional allotment at 3.14x by applications means roughly 1 in 3 for minimum-lot bids; bNII at 2.14x (~1 in 2). At 6.88x overall, competition is moderate.
For allotment results from 3 December 2025, visit the Purple Wave Infocom SME IPO Allotment Status page. For listing day updates on 5 December 2025, download the IPOwiz App.
Reviewed by Dinesh Agrawal
15+ years in Indian capital markets and IPO research. Subscription data verified before publish.